Axios

Canadian Prime Minister Mark Carney on Sunday called a snap federal election, emphasizing the urgent need to counter President Trump's confusion-inducing trade war.

The big picture: Trump's anger-triggering tariffs and threats of making the close U.S. ally the 51st state have shaken up Canadian politics and bolstered a sense of nationalism, signaling changing fortunes for the recently unpopular Liberal leadership.

Americans are snacking less — and that's a problem for the packaged food industry.

Why it matters: After years of inflation, consumers are recoiling, fed up with food price increases and suddenly immersed in economic uncertainty.